Valuation Michelin (CGDE)

Stocks

Market Closed - Euronext Paris Other stock markets 16:55:00 17/07/2026 BST			After hours 19:32:01
35.12 ^EUR	-0.14%		35.12	-0.01%

07-13	MICHELIN : Bernstein gives a Buy rating	ZD
07-09	MICHELIN : JP Morgan gives a Neutral rating	ZD

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	25,735	18,556	23,208	22,443	19,466	24,002	-	-
Change	-	-27.89%	25.07%	-3.3%	-13.26%	23.3%	-	-
Enterprise Value (EV) ¹	28,524	22,876	26,489	25,555	21,811	27,474	27,263	27,109
Change	-	-19.8%	15.79%	-3.53%	-14.65%	25.97%	-0.77%	-0.56%
P/E	14.1x	9.31x	11.8x	12.1x	12.2x	13.9x	11.3x	9.91x
PBR	1.72x	1.08x	1.29x	1.2x	1.08x	1.35x	1.28x	1.21x
PEG	-	1.04x	-8.23x	-2.56x	-1.1x	1.59x	0.5x	0.7x
Capitalization / Revenue	1.08x	0.65x	0.82x	0.83x	0.75x	0.91x	0.87x	0.84x
EV / Revenue	1.2x	0.8x	0.93x	0.94x	0.84x	1.04x	0.99x	0.95x
EV / EBITDA	6.07x	4.35x	4.83x	4.77x	4.68x	5.76x	5.24x	4.63x
EV / EBIT	9.62x	6.74x	7.42x	7.57x	8.02x	9.78x	8.32x	7.48x
EV / FCF	20x	-208x	11.3x	11.5x	10x	17.1x	14.9x	13.2x
FCF Yield	5%	-0.48%	8.85%	8.71%	10%	5.85%	6.7%	7.59%
Dividend per Share ²	1.125	1.25	1.35	1.38	1.38	1.341	1.577	1.809
Rate of return	3.12%	4.81%	4.16%	4.34%	4.87%	3.81%	4.48%	5.14%
EPS ²	2.56	2.79	2.75	2.62	2.33	2.534	3.101	3.55
Distribution rate	43.9%	44.8%	49.1%	52.7%	59.2%	52.9%	50.8%	51%
Net sales ¹	23,795	28,590	28,343	27,193	25,992	26,442	27,557	28,523
EBITDA ¹	4,700	5,262	5,489	5,361	4,663	4,770	5,202	5,857
EBIT ¹	2,966	3,396	3,572	3,378	2,719	2,810	3,276	3,624
Net income ¹	1,844	2,001	1,983	1,884	1,665	1,779	2,121	2,404
Net Debt ¹	2,789	4,320	3,281	3,112	2,345	3,473	3,261	3,107
Reference price ²	36.04	25.98	32.46	31.80	28.31	35.17	35.17	35.17
Nbr of stocks (in thousands)	714,121	714,117	714,958	705,747	687,596	682,443	-	-
Announcement Date	14/02/22	13/02/23	12/02/24	12/02/25	11/02/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
MICHELIN (CGDE)	14x	1.04x	5.79x	3.81%	27.46B
BRIDGESTONE CORPORATION	13.22x	0.99x	5.32x	3.59%	28.5B
THE YOKOHAMA RUBBER COMPANY, LIMITED	10.05x	1.26x	6.16x	2.83%	7.47B
SAILUN GROUP CO., LTD.	10.26x	1.04x	6.08x	2.76%	6.41B
ZHONGCE RUBBER GROUP CO., LTD.	9.41x	-	-	3.23%	6.15B
VIETNAM RUBBER INDUSTRY GROUP -	13.27x	-	-	5.29%	4.61B
TOYO TIRE CORPORATION	9.05x	0.9x	4.15x	3.53%	3.81B
SUMITOMO RUBBER INDUSTRIES, LTD.	10.18x	0.66x	5.15x	4.01%	3.6B
JIANGSU HUALAN NEW PHARMACEUTICAL MATERIAL CO.,LTD.	119.23x	-	-	-	2.31B
NOKIAN RENKAAT OYJ	38.57x	1.66x	9.75x	2.14%	2.04B
Average	24.72x	1.08x	6.06x	3.47%	9.24B
Weighted average by Cap.	15.66x	1.04x	5.67x	3.58%